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Budget raises India's profile, says TCS chief

2015-03-01 02:02:39| IT Services - Topix.net

The union budget for 2015-16 was far sighted and bold to raise the country's profile as an investment destination, a top official Tata Consultancy Services said Saturday. "The budget aims to make structural changes in taxation for driving higher corporate investment and sets a roadmap of reform over the next four years," TCS chief executive N. Chandrasekaran said in a statement from Mumbai.

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Citigroup Inc. Raises Hasbro Price Target to $73.00

2015-02-28 18:02:34| Toys - Topix.net

The firm currently has a "buy" rating on the stock. Citigroup Inc.'s price target would indicate a potential upside of 17.15% from the company's current price.

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School Of Mines Raises $1.4M Toward Oil, Gas Industry Effort

2015-02-27 14:03:53| Oil & Gas - Topix.net

The South Dakota School of Mines & Technology has raised $1.4 million toward its effort to help meet demands for workers in the region's oil and gas industry. The public university in Rapid City announced the Energy Resources Initiative last year and says it will now search for a director.

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Marchionne raises Fiat Chrysler stake as Ferrari spin-off nears

2015-02-26 18:31:25| Automakers - Topix.net

Fiat Chrysler Automobiles Chief Executive Sergio Marchionne has increased his voting stake in the carmaker to nearly 1 percent after benefiting from a stock grant plan, just as the company readies to spin off luxury brand Ferrari. The stake makes him one of the largest individual shareholders in FCA , the world's seventh-biggest carmaker, whose share price has soared 75 percent since the Ferrari spin-off was announced in October.

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CIBC Raises Dividend as Profit Slips

2015-02-26 15:11:45| Grocery - Topix.net

Canadian Imperial Bank of Commerce raised its quarterly dividend as its fiscal first-quarter profit fell 22% on lower profits from its retail and business banking operation.

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